Mar 23, 2009
Daily podcast – March 23, 2009Back
Brussels|Johannesburg|Bearing Man Group|Intersite|Metrorail|South African Rail Commuter Corporation|Transnet|South Africa|United States|Criticised Freight Logistics Group|Property Management|Transport|Jeff Radebe|Kgalema Motlanthe|Robert Zoellick
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Monday, March 23, 2009.
From Creamer Media in Johannesburg, I'm Shannon O'Donnell.
Making headlines today:
On Friday, Transport Minister Jeff Radebe strongly criticised freight logistics group Transnet. This was on reports that the utility was failing to adequately consult with those of its workers destined to be transferred next month across to the newly formed Passenger Rail Agency of South Africa, or Prasa.
Prasa was unveiled officially on Friday. It would comprise the assets and employees of the already merged South African Rail Commuter Corporation and Metrorail with those of Shosoloza Meyl and Autopax, which currently fell under Transnet. Further, property management and development company Intersite would also be consolidated into the 13 000-plus-employee entity.
Radebe appealed to Transnet to conclude all necessary consultations "without any further delay" so that the transfer of the businesses to Prasa could be concluded in line with the April 1, 2009, timeframe set out in enabling legislation promulgated in December by President Kgalema Motlanthe.
Zoellick told a conference in Brussels that he thought 2009 was going to be a very dangerous year. He cited World Bank forecasts of a spike in infant mortality associated with the economic crisis, and a fall-off in world trade.
Zoellick proposed that the Group of 20 major and emerging economies establish a review process to see whether further stimulus measures would be needed to kick start recovery.
The automotive sector proposes a data base to assist retrenched workers.
That's a round up of news making headlines today. For more on these and other stories please visit engineeringnews.co.za.
Edited by: Shannon de Ryhove© Reuse this Comment Guidelines
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